This script detects the following candlestick patterns:
Bullish Patterns:
- Normal 3 Bar Fractal
- Enhanced 3 Bar Fractal
- Engulfing
- Harami ( Inside bar )
- Bullrami (Altenate Bull Harami)
Bearish Patterns:
- Normal 3 Bar Fractal
- Enhanced 3 Bar Fractal
- Engulfing
- Harami ( Inside bar )
- Bearami (Alternate Bear Harami)
- Shooting Star
How it works:
-...
HG Scalpius H & SS Scan
This indicator highlights hammer candles and shooting star candles based on the below definitions:
Hammer = lower wick >= 2* real body and closes in top half of range
Shooting Star = upper wick >= 2*real body and closes in bottom half of range
hammer = (min(open,close)-low)>= (2*abs(open-close)) and close >...
This script gives you signals based on the shooting star and hammer patterns. You can customize how much bigger you want the wick of the candle to be than the body of the candle and how high the candle has to be compared to the x amount of candles back. We have also coded in alerts:)
What is the Ultimate Pullback Indicator?
This indicator detects pullback trading opportunities by analyzing price action in a very specific manner.
By combining simple trend filters with various advanced candlestick patterns it detects high-probability trend-continuation setups (and optional exits).
If you use this script to set alerts then you will never...
Pin bar- Trading RoadMap
Simple Script to show
Up Pin Bar = Yellow
Down Pin Bar = Black
The Pin Bar Criteria:
- The Shadow ≥ 2 X Body
- Open And Close In The Top 33%
Have a peaceful and profitable trading day 😊
Khaled Maziad
The script highlights the Hammer, Hanging Man, and Shooting Star candlesticks on the main chart screen. Please use an oscillator that shows oversold and overbought conditions with this script.
I have redesigned the first candlestick patterns. This one works with most time frames... The only time frames that it have some difficulties is the 1min to 15min and only on the doji, because sometimes the doji doesnt have any points(pips) in movement.
1. This is a editable indicator. You can change all the colors the way you want them. I have changed my...
My first iteration of a script that ID's japanese candlestick patterns including:
bullish_engulfing www.investopedia.com
bearish_engulfing www.investopedia.com
bullish_harami www.investopedia.com
bearish_harami www.investopedia.com
piercing_line (bullish) ...
This script will draw on your chart signs after detecting the following patterns:
1/2/3
Hammer
Shooting Star
Bullish Engulfing
Bearish Engulfing
And before that he will filter them by common technical rules
Script contains Inverted Hammer and Shooting Star models. User can select period for candle size calculation (for distinguish short and long candles), on/off highlighting of pattern candles.
